Market Experts On RBI Increasing Repo Rate By 50 Basis Points To 4.90% — Loans, EMIs To Go Up

Market Experts quote on RBI MPC | Stock Market | Real Estate | Industry RBI governor Shaktikanta Das-headed Monetary Policy Committee (MPC), started out its deliberations on Monday. It met for 3 days from June 6. The MPC unanimously voted…

MPC Announcement — The Post-Policy Expert Quote From Madan Sabnavis

The Post-Policy Quote From Mr. Madan Sabnavis, Chief Economist, Bank of Baroda “The credit policy clearly indicates that the major threat to the growth process is inflation. While growth is expected to proceed on a stable path, inflation has to be…

RBI cuts repo rate by 25 basis points to boost economic growth

The six-member monetary policy committee (MPC) headed by Governor Shaktikanta Das announced the decision after a three-day meeting. GDP growth slumped lower to 5% in the April to June quarter as against a 8% in the year-ago period. The Reserve…

More PSU banks link deposit and loan rates to RBI’s repo

More government-owned banks have announced linking their lending and deposit rates to the Reserve Bank of India’s (RBI’s) repo for facilitating faster transmission after the State Bank of India did so in May.